Y Combinator’s Garry Tan Goes to the MatRead more

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Palantir Raises $500 Million From Japanese Insurer

By
Martin Peers
· · Source: Reuters

Palantir Technologies raised $500 million from Japanese insurance firm Sompo Holdings, Reuters reported, even as the big data firm is reportedly preparing to go public later this year. Raising cash would reduce any pressure on Palantir to go public anytime soon, which could be handy given volatility in the stock market. Palantir has seen increased demand for its data software from government...

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